STOCK TITAN

DoorDash (DASH) chief accounting officer sells shares to cover RSU tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DoorDash, Inc. chief accounting officer Gordon S. Lee reported an open-market sale of Class A Common Stock. He sold 2,910 shares on May 20, 2026 at an average price of $155.588 per share. A footnote explains the shares were sold to cover tax obligations tied to vesting restricted stock units. After this tax-related sale, he continues to hold 89,651 shares of DoorDash Class A Common Stock directly.

Positive

  • None.

Negative

  • None.
Insider Lee Gordon S
Role CHIEF ACCOUNTING OFFICER
Sold 2,910 shs ($453K)
Type Security Shares Price Value
Sale Class A Common Stock 2,910 $155.588 $453K
Holdings After Transaction: Class A Common Stock — 89,651 shares (Direct, null)
Footnotes (1)
  1. Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs"). Certain of these securities are represented by RSUs.
Shares sold 2,910 shares Class A Common Stock sold on May 20, 2026
Sale price per share $155.588 per share Average sale price for the 2,910 shares
Shares held after transaction 89,651 shares DoorDash Class A Common Stock directly owned post-sale
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units ("RSUs") financial
"Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lee Gordon S

(Last)(First)(Middle)
C/O DOORDASH, INC.
303 2ND STREET, SOUTH TOWER, 8TH FLOOR

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF ACCOUNTING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/20/2026S(1)2,910D$155.58889,651(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs").
2. Certain of these securities are represented by RSUs.
/s/ Christina Whittaker, by power of attorney05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DoorDash (DASH) report for Gordon S. Lee?

DoorDash reported that chief accounting officer Gordon S. Lee sold 2,910 shares of Class A Common Stock. The sale occurred on May 20, 2026 at an average price of $155.588 per share in an open-market transaction.

Why did Gordon S. Lee sell DoorDash (DASH) shares in this Form 4 filing?

The filing states the shares were sold to cover tax obligations related to vesting restricted stock units ("RSUs"). This indicates the transaction was tied to compensation vesting rather than a purely discretionary open-market sale of long-held shares.

How many DoorDash (DASH) shares did Gordon S. Lee retain after the sale?

After selling 2,910 shares, Gordon S. Lee held 89,651 shares of DoorDash Class A Common Stock directly. This post-transaction holding figure comes from the Form 4 and shows he maintains a substantial remaining equity position.

What security type was involved in Gordon S. Lee’s DoorDash (DASH) transaction?

The transaction involved DoorDash Class A Common Stock. Footnotes add that certain securities are represented by restricted stock units ("RSUs"), which are stock-based compensation that can vest over time and create tax obligations when they convert.

Was Gordon S. Lee’s DoorDash (DASH) transaction an open-market sale?

Yes. The Form 4 classifies the transaction as an open-market sale with code "S" and describes it as a sale in open market or private transaction. The filing still notes the primary purpose was covering RSU-related tax obligations.